Scooprate's Disclaimer.

ScoopRate provides a platform for users to compare and explore various financial rates, products, and services. While we strive to offer accurate and up-to-date information, please be aware of the following:

  1. Third-Party Content: ScoopRate may display rates, product details, and information provided by third-party financial institutions. We do not endorse or guarantee the accuracy of such content.
  2. Dynamic Nature of Rates: Financial rates are subject to change, and the displayed information may not always reflect real-time updates. Users are encouraged to verify rates directly with the respective financial institutions.
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  4. Partnerships and Compensation: ScoopRate may have partnerships with financial institutions, and some products or rates may be highlighted as “featured” or “sponsored.” Such partnerships may involve compensation. However, this does not influence our commitment to providing unbiased information.
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ScoopRate is not a financial advisor, and the information provided on our platform is intended for informational purposes only. Users are encouraged to consult with qualified financial professionals for personalized advice. ScoopRate disclaims any liability for actions taken based on the information available on the platform.

Last updated: March 8, 2024

Investment Disclosure - Managed Funds

Please note that past performance of managed funds, including unit trusts and mutual funds, does not guarantee future results. While historical performance can provide valuable insights into a fund’s track record and management capabilities, it should not be the sole basis for making investment decisions.

Managed funds are subject to market fluctuations, economic conditions and various other factors that may affect their performance. Investors should carefully consider their investment objectives, risk tolerance and financial situation before investing in any managed fund.

Additionally, it’s essential to conduct thorough research and consult with a qualified financial advisor to ensure that the selected managed fund aligns with your individual investment goals and preferences.

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Fixed Income Investment Disclaimer:

  • Interest Rate Risk: The value of your fixed income investment may decline if interest rates rise. As rates go up, investors may be able to earn higher returns on new investments, potentially making your existing fixed-rate investment less attractive.
  • Credit Risk: There is always the possibility that the issuer of a fixed income security, like a CD, may default on their obligation to repay your principal or interest. This risk is generally lower with government-backed securities but can be higher with corporate bonds.
  • Market Volatility: Even fixed income investments can experience some price fluctuation, especially in secondary markets where they may be sold before maturity.
  • Early Withdrawal Penalties: Some fixed income investments, like CDs, may impose penalties if you withdraw your funds before the maturity date.

Before investing in any fixed income product, carefully consider your investment goals, time horizon, and risk tolerance. It’s important to understand the specific features and risks associated with each type of investment. Consider consulting with a financial advisor to ensure these investments align with your overall financial plan.

This information is for general purposes only and does not constitute financial advice.

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Advertising disclosure

Thank you for choosing ScoopRate. It’s important to note that some products showcased on our platform may be labeled as “Featured.” These products are highlighted in collaboration with financial institutions, and ScoopRate may receive compensation for their inclusion.

While we strive to maintain accuracy and transparency, please understand that featured products may influence their placement on our website. However, rest assured that our rankings and recommendations remain impartial and grounded in objective analysis.

We encourage you to explore all available options and conduct thorough research before making any financial decisions. By continuing to use our platform, you acknowledge your understanding of this disclosure. For further details, please refer to our comprehensive Disclaimer Notice, Privacy Policy and Terms of Use available on our website.

Last Updated: March 8, 2024. 

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